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China will continue to support the IOC and cooperate with the IOC on issues including the Olympic Movement, sports' role in promoting world peace and development as well as the development of sports in China, the president said.

China's Foreign Ministry spokesman Lu Kang said China has noted the statements from both sides regarding the lifting of sanctions after the Hanoi summit.

China will launch a large-scale campaign to crack down on poor-quality inexpensive snacks sold in shops near schools, the newly established State Administration for Market Regulation said on Tuesday.

China's Guangdong province, Shanghai, Beijing, Zhejiang province and Jiangsu province have most billionaires. The five places' billionaire population and wealth accounts for the total's 69 percent and 76.37 percent from 50 percent and 54.05 percent in 17 years ago, according to the New Fortune.

China's capital market opening-up is gathering speed as foreign capital will be allowed to wholly own mutual fund management companies starting April 1, a year ahead of schedule, the top securities regulator said on Friday.